
Dr Mercola
Story at-a-glance
- Carbon neutrality refers to a product that has net zero carbon emissions. The manufacture and use of corn-based ethanol has expanded based on the assumption that it’s carbon neutral and therefore far better for the environment than gasoline. However, several studies have shown that such assumptions are categorically false
- A 2016 study found corn grown for ethanol only offset 37% of carbon dioxide emissions produced by burning biofuels, resulting in net-positive carbon dioxide emissions that are greater than gasoline
- One of the primary reasons why growing corn for ethanol has a net-positive CO2 impact is because farmers are plowing up native grasslands to make more room for corn; 60 tons of carbon dioxide are released into the environment per acre of grassland plowed
- Ignoring water consumption further underestimates CO2 emissions from land-use change by 28%. When corn plants’ water needs are considered, corn ethanol is worse for the environment than gasoline
- A five-year study published in 2022 concluded the CO2 emissions from corn-based ethanol are at least 24% greater than that of gasoline. On top of that, it has led to increased fertilizer use, resulting in greater water pollution and a growing dead zone in the Gulf of Mexico
Carbon neutrality is the holy grail of the biofuel industry. It refers to a product that has net zero carbon emissions. In the case of ethanol, the corn or soybeans grown to produce it would have to remove as much carbon dioxide from the environment as is given off when the ethanol is burned.
The manufacture and use of ethanol in the U.S. has been allowed to expand based on the assumption that it’s carbon neutral and therefore far better for the environment than gasoline. However, a 2016 study1 by professor John DeCicco, Ph.D., at the University of Michigan, showed that such assumptions were categorically false.
Ethanol Is Far From Carbon Neutral
What DeCicco and his team discovered was that biofuels such as corn ethanol are associated with a net increase in carbon dioxide emissions — even more so than gasoline. It turns out that the crops only offset 37% of carbon dioxide emissions produced by burning biofuels.
[…]
Ethanol Raises Net Carbon Emissions
For example, in 2014, the Environmental Working Group (EWG) released a report titled “Ethanol’s Broken Promise,”3 which reached similar conclusions as DeCicco’s study. It too concluded that corn ethanol is worse for the environment than gasoline.
One of the primary reasons why growing corn for ethanol has a net-positive carbon impact is because farmers are plowing up native grasslands to make more room for corn. The failure to take this change in land use into account is how proponents of biofuels have been able to perpetuate the myth that it’s carbon neutral.
According to EWG, more than 8 million acres of grassland and wetlands were converted to corn between 2008 and 2011 alone, and every time an acre of grassland is plowed, 60 tons of carbon dioxide are released into the environment.4
So, while the ethanol fuel program was designed to reduce carbon emissions, the loss of grasslands does just the opposite. Estimates showing corn ethanol’s positive influence on the environment have also failed to consider the water needed to grow the corn.
“Ignoring water constraints underestimates emissions from land-use change by 28%,” EWG reported.5 According to agricultural economists at Purdue University, when corn plants’ water needs are considered, corn ethanol is worse for the environment than gasoline.6
The EWG also cited data debunking the false claim that ethanol has no impact on the price of corn and other agricultural commodities. According to scientists with the National Academies, the radical change in the proportion of corn used for ethanol resulted in the price of corn rising by 20% and 40% between 2007 and 2009 alone. This is partly why anti-hunger organizations have been so against corn-based ethanol.
The Many Downsides of Biofuels
A five-year study7,8 published in Proceedings of the National Academy of Science (PNAS) in February 2022 also came down hard on corn-based ethanol, concluding its CO2 emissions are at least 24% greater than that of gasoline. On top of that, it has led to increased fertilizer use, resulting in greater water pollution and a growing dead zone in the Gulf of Mexico.
[…]
Will Large-Scale Carbon Capture Worsen the Situation?
Fertile farmland may soon also be sacrificed for large-scale carbon capture and sequestration projects that are being implemented in South Dakota, North Dakota, Iowa, Minnesota and Nebraska. A 700 mile pipeline will pump waste from multiple ethanol plants in these states to a final destination in North Dakota where more energy will be required to inject it into the ground. The experts guarantee no problems will occur with underground water sources or other potential hazardous leaks. Eminent domain laws will allow the governments to trench this pipeline without the farmers permission.
[…]
Summit Carbon Solutions is the largest of three companies seeking to pipe CO2 from ethanol-producing plants into porous rock, deep underground. The two others are Archer-Daniels-Midland and Navigator CO2 Ventures.12
What Can Go Wrong?
According to Hill, the science behind this ridiculous plan has been carefully analyzed and the process deemed 100% safe. Does that mean nothing can go wrong? Hardly. If history tells us anything, it’s that anything that can go wrong probably will, sooner or later, and when it comes to liquefied CO2 gas under pressure, it just so happens to be explosive when exposed to heat above 125 degrees Fahrenheit (52 degrees Celsius).13
Could liquefied CO2, under pressure, deep down in a rock formation, possibly get heated to combustible temperatures under extreme conditions? Something to ponder. Exposure to this CO2, say if a pipe were to bust a leak, also has severe health impacts, ranging from dizziness and increased heart rate to nervous system damage, frostbite and rapid suffocation.14
Aside from that, there’s the direct and immediate threat to farmers — and anyone who needs food — as usable farmland may be seized through eminent domain for these pipelines.15 Seizing the land of small farmers to install CO2 sequestration pipelines hardly seems to be a wise move, seeing how all the signs point to severe food shortages and, potentially, worldwide famine in coming years.
ESG Is a Complete Fraud
In late April 2023, Summit Carbon Solutions signed a multiyear agreement to sell Carbon Dioxide Removal credits (CDRs) to the NextGen, a joint venture between South Pole and the Mitsubishi Corporation.
According to PR Newswire,16 NextGen is seeking to create “one of the world’s largest diversified portfolios of CDRs, with plans to purchase over 1 million tons of CDRs by 2025.” While this may thrill investors, it won’t do a thing for our environment.
In fact, ESG (environmental, social and governance) investing is a complete scam, designed to inflate profits, not save the planet.
[…]
In 2020, Social Capital founder and CEO Chamath Palihapitiya went even further, telling CNBC that ESG investing is a “complete fraud.”19 According to Palihapitiya, ESG “does not necessarily encourage best practices, nor does it move the ball forward on things like the climate crisis.”
Rather, it’s primarily a marketing ploy to sell potentially questionable investments and “a way for companies to get free money,” as having a high ESG means you can get negative-interest loans.
Rampant Greenwashing
Similarly, a March 2022 post titled “The False Promise of ESG” on the Harvard Law School Forum on Corporate Governance20 noted that highly-ranked ESG businesses oftentimes are LESS socially responsible than companies with far lower scores. Indeed, several investigations have revealed rampant greenwashing, with many ESG-labeled funds being far from “sustainable.”
Take FTX, for example. FTX — the cryptocurrency exchange that went belly up overnight while its CEO, Sam Bankman-Fried absconded with up to $2 billion of client funds — had a higher governance score than Exxon Mobil,21 despite having almost no corporate governance whatsoever.
It had no board of directors, an “irregular ownership structure,” was rife with conflicts of interest and self-dealing and had no financial controls. Bankman-Fried didn’t even keep an accurate list of accounts. If this doesn’t tell you that ESG is flawed at best, and a complete fraud at worst, I don’t know what will.
FTX isn’t alone in falling short of expectations, though. According to a September 2021 report by climate change think tank InfluenceMap, more than half the 723 funds marketed using ESG claims failed to meet the Paris Accord rules on carbon emissions and clean energy, and more than 70% of funds with broad ESG goals failed to meet global climate targets.22
ESG Is Another Globalist Takeover Tool
One glaring problem with ESG is the lack of regulations that define what qualifies a company as environmentally or socially responsible. It is this very lack of definition that allows the globalist cabal to use ESG to push their own self-serving ideologies on companies and consumers.
[…]
ESG Drives the Financial Great Reset
[…]
The case of Tesla also shows how ESG can be, and is, used as a weapon. Elon Musk initiated his acquisition of Twitter in mid-April 2022. One month later, his company Tesla was removed from the ESG Index, despite its focus on creating environmentally conscious vehicles. Meanwhile, Exxon Mobil remained in the S&P 500 ESG Index top 10.26 Musk tweeted,27 “… ESG is a scam. It has been weaponized by phony social justice warriors.”
Control by Allocation of Resources
In summary, the ESG system is an early phase of the new financial system envisioned by the World Economic Forum (WEF). Basically, a company’s ESG score decides its ability to obtain loans and investment opportunities, and in the future, the same “social conscience”-type scoring will apply to private individuals as well.
ESG is also a specific tactic to push the “green” agenda forward, and it too is part and parcel of the WEF’s Great Reset. While the notion of a pollution-free world is an attractive one, ESG investing isn’t about the environment, or social justice, or anything else it claims to stand for.
It’s all about creating a control system in which the world’s resources are owned by the richest of the rich, while the rest of the population can be controlled through the allocation of those resources, including energy.
[…]